New Delhi, May 19 -- The US-Iran war in the Middle East has sent shockwaves through global energy markets, triggering a sharp surge in crude oil prices and severely disrupting maritime trade routes. With the Strait of Hormuz - a critical artery for global oil shipments - effectively shut, financial markets worldwide have come under pressure.

However, amid the volatility, investors have flocked to an unlikely winner: the cost of transporting crude oil.

An exchange-traded fund (ETF) tracking oil tanker freight rates has emerged as one of the best-performing investment vehicles during the geopolitical crisis. The Breakwave Tanker Shipping ETF (BWET), which tracks crude oil tanker freight futures, has surged over 860% so far in 2026 as disr...